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7133 Ramsgate Ave Los Angeles, CA 90045

$1,200,000 Sold Price as of 11/02/2020

24 Beds
16 Baths
3,291 Sq.Ft.

Sold

$1,200,000 Sold Price as of 11/02/2020 Refinance Your Mortgage

Map preview of 7133 Ramsgate Ave, Los Angeles, CA 90045

Property Overview: 7133 Ramsgate Ave Los Angeles, CA has 24 bedrooms, 16 bathrooms, 3,291 living square feet and 8,182 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Westchester fourplex with tons of potential. This desirable Westchester area has been experiencing significant growth recently. This fourplex property has two 2 bedroom, 1 bathroom and two 1 bedroom, 1 bathroom units. There are 4 attached single car private garages. There is an outside community laundry room. The front unit has recently been completely remodeled. The interior photos are of the front/owner’s unit which is currently being used as a 3 bedroom, 1 bathroom. The property will be sold with the tenants in possession except for the front, owner’s unit. Property is rent controlled. Ideally located near the new LA Football Stadium and Entertainment Complex to the East and the beach to the West. Due to the Coronavirus pandemic, we are strictly implementing precautionary measures to prevent spreading of COVID-19. Inquire with your Realtor today and make an offer! Buyer and buyer's Agent to verify all information for themselves. This property is to be sold in “as is” condition.

Listed by Terry Russell | BRE #01220891 | Home Smart Realty Group

Last checked: 1 minute ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft: 8,182
HOA Dues: $0/mo
Year built: 1950
Garage: 4 Car
Property Type:: Multi Family

Status: Sold
MLS#: SB20172318
City: Los Angeles
County: Los Angeles
Time on Site: 1212 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1
# of Electric Meters: 4
# of Gas Meters: 4
# of Water Meters: 4

Unit Breakdown 1

# of Units: 4
# of Beds: 6
# of Baths: 4
Garage Spaces: 4
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $8,600

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $0
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
New Taxes: $0
Trash: $0
Insurance: $0
Water/Sewer: $0

Property Details for 7133 Ramsgate Ave

Interior Features

Laundry Information

Has Laundry
Community, Outside

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 4
# of Parking Spaces: 4

Lot Information

Lot Features: Back Yard
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 4
Parcel Number: 4103021006
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: SE of S La Tijera Blvd.

Neighborhood Information

Community Features: Curbs, Gutters, Sidewalks

View more facts & features

Local Los Angeles Agent

Sale History for 7133 Ramsgate Ave

Last sold for $1,200,000 on November 2nd, 2020

July, 2022
Jul 3, 2022

Date

Expired

CRMLS: 21112051

$2,500,000

Price
Dec 16, 2021

Date

Active

CRMLS: 21112051

$2,499,000

Price
Listing provided courtesy of CRMLS

Westchester's Finest Fourplex, a brand new fully remodeled and 100% vacant masterpiece estate sitting among tropical garden. Prime investment opportunity for investors to hold and collect massive income (call for more info), or tear-down and develop a beautifully designed Modern building in an A1 centrally superior location that can't be compromised. Gated oasis compound on a beautiful tree-lined street in quite Westchester Triangle neighborhood, amazing prime and central location on the Westside of Los Angeles. Huge deep lot with over 25 mature trees, 100ft high palm trees, lemon, blackberries, mint, flowering, Hawaiian trees, etc. Short bike ride from the wetlands and beach, nice walk to Central Park PV and Bluff Creek trails, right by Kenneth Hahn State Rec Area for jaw-drop views while hiking or biking. A truly paradise estate in astonishing nature with a vacation feeling and relaxed suburbs vibe. Elevated property offering great views of the surrounding hills and canyons landscape. All units are separately metered for gas/electricity and enjoy both front/back doors for a private bungalow-living sensation. Check with city to convert the current ~1,000sqft four-car garages into fully permitted ADU for a total of 5 units on sight. This fantastic one of a kind investment/development opportunity is located in the highly desirable and sought-after Westchester neighborhood of west side Los Angeles nearby (~5min drive) LAX, LMU, HHLA Center, SoFi LASED, The Forum, Westchester Village & Town Center, Westfield CC Shopping Mall, Playa Vista Runway, Kenneth Hahn State Rec Area, Westchester Golf Course & Rec Center, restaurants, parks, schools, houses of worship and walking distance (~5min walk) to everything needed at Ladera Center Shopping Mall & The Interchange @ La Cienega; plus easy access to the 405/105/90 freeways for a straight shot (~10-20min drive) to Ballona Wetlands, Pacific Ocean, Playa Del Rey, Marina Del Rey, Venice, Santa Monica, Beverly/Hollywood Hills & DTLA among other places. Don't miss out on this rare opportunity with tremendous upside potential. A Must See!

Continue Reading
July, 2022
Jul 2, 2022

Date

Expired

CRMLS: 21112291

$2,500,000

Price
Dec 16, 2021

Date

Active

CRMLS: 21112291

$2,499,000

Price
Listing provided courtesy of CRMLS
September, 2021
Sep 1, 2021

Date

Expired

CRMLS: 21745270

$1,999,000

Price
Jul 30, 2021

Date

Price Change

CRMLS: 21745270

$1,999,000

Price
Jun 14, 2021

Date

Active

CRMLS: 21745270

$2,199,000

Price
Jun 8, 2021

Date

Coming Soon

CRMLS: 21745270

$2,199,000

Price
Listing provided courtesy of CRMLS

New Price, All Vacant, Seller Motivated, Bring All Offers! Live in the luxurious spacious front unit while renting the rest of property for extra income, or remodel the whole property to rent out for max rental income. Check with city to convert the current four-car garages into fully permitted two ADU-JADU for a total of 6 units on sight. Demo-Permit in hand, amazing opportunity to build a 10-units apartment building by right market rates, or a 15-units apartment building utilizing LAMC 12.22A25 density bonus with setting aside 3 units for affordable housing. All available plans and reports are included and provided in the sale, can be also approved by the city and fully entitled for an extra cost. Gated oasis compound on a beautiful tree-lined street in quite Westchester Triangle neighborhood, amazing prime and central location on the Westside of Los Angeles. Huge deep lot with over 25 mature trees, 100ft high palm trees, lemon, blackberries, mint, flowering, Hawaiian trees, etc. Short bike ride from the wetlands and beach, nice walk to Central Park PV and Bluff Creek trails, right by Kenneth Hahn State Rec Area for jaw-drop views while hiking or biking. A truly paradise estate in astonishing nature with a vacation feeling and relaxed suburbs vibe. LAX, LMU, SoFi, Marina are all about 5 minutes drive among many other places and attractions. Elevated property offering great views of the surrounding hills and canyons landscape. All units are separately metered for gas/electricity and enjoy both front/back doors for a private bungalow-living sensation. The property is delivered vacant, and comes with a city-approved set of plans to build a beautifully designed Modern Spanish 10 units building. Don't miss out on this rare opportunity with tremendous upside potential. A Must See!

Continue Reading
September, 2021
Sep 1, 2021

Date

Expired

CRMLS: 21744624

$1,999,000

Price
Jul 30, 2021

Date

Price Change

CRMLS: 21744624

$1,999,000

Price
Jun 14, 2021

Date

Active

CRMLS: 21744624

$2,199,000

Price
Jun 4, 2021

Date

Coming Soon

CRMLS: 21744624

$2,199,000

Price
Listing provided courtesy of CRMLS

New Price, All Vacant, Seller Motivated, Bring All Offers! Demo-Permit in hand, amazing opportunity to build a 10-units apartment building by right market rates, or a 15-units apartment building utilizing LAMC 12.22A25 density bonus with setting aside 3 units for affordable housing. All available plans and reports are included and provided in the sale, can be also approved by the city and fully entitled for an extra cost. This fantastic one of a kind development opportunity is located in the highly desirable and sought-after Westchester neighborhood of west side Los Angeles nearby (~5min drive) LAX, LMU, HHLA Center, SoFi LASED, Westchester Village & Town Center, Westfield CC Shopping Mall, Playa Vista Runway, Kenneth Hahn State Rec Area, Westchester Golf Course & Rec Center, restaurants, parks, schools, houses of worship and walking distance (~5min walk) to everything needed at Ladera Center Shopping Mall & The Interchange @ La Cienega; plus easy access to the 405/105/90 freeways for a straight shot (~10-20min drive) to Ballona Wetlands, Pacific Ocean, Playa Del Rey, Marina Del Rey, Venice, Santa Monica, Beverly/Hollywood Hills & DTLA among other places. Calling all developers, flippers, and owners/users who are looking to build their State-of-the-art 10 NON-RENT CONTROL Luxurious Units Apartment Building With 360-Degree Amazing Views Rooftop Deck (Astonishing portfolio addition that's worth at $12M after construction value). The property is delivered vacant, shovel-ready and comes with a city-approved set of plans to build a beautifully designed Modern Spanish building. Seller will provide the plans, survey, and soils report at the COE. Don't miss out on this rare opportunity with tremendous upside potential.

Continue Reading
November, 2020
Nov 2, 2020

Date

Sold

CRMLS: SB20172318

$1,200,000

Price
Nov 2, 2020

Date

Pending

CRMLS: SB20172318

$1,200,000

Price
Sep 23, 2020

Date

Active Under Contract

CRMLS: SB20172318

$1,200,000

Price
Sep 9, 2020

Date

Active

CRMLS: SB20172318

$1,200,000

Price
Aug 22, 2020

Date

Coming Soon

CRMLS: SB20172318

$1,200,000

Price
November, 2020
Nov 2, 2020

Date

Sold

CRMLS: SB20172329

$1,200,000

Price
Nov 2, 2020

Date

Pending

CRMLS: SB20172329

$1,200,000

Price
Sep 12, 2020

Date

Active Under Contract

CRMLS: SB20172329

$1,200,000

Price
Sep 9, 2020

Date

Active

CRMLS: SB20172329

$1,200,000

Price
Aug 22, 2020

Date

Coming Soon

CRMLS: SB20172329

$1,200,000

Price
Listing provided courtesy of CRMLS
November, 2020
Nov 2, 2020

Date

Sold (Public Records)

Public Records

$1,200,000

Price
July, 2020
Jul 13, 2020

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 7133 Ramsgate Ave

Assessed Value (2020): $106,208

Year	Land Value	Improved Value	Assessed Value
2020	$34,496	$71,712	$106,208

Home Value Compared to the Market

This property vs the competition

7133 Ramsgate Ave sold on November 2, 2020 for 0.84% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $364.63 per/sqft which puts the price per square foot 51.7% lower than the current median sale per square foot for the city of Los Angeles.

About 7133 Ramsgate Ave

Detailed summary of property

7133 Ramsgate Ave is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 24 bedrooms, 16 bathrooms, roughly 3,291 living square feet, and sits on an approximately 8,182 square foot lot. 7133 Ramsgate Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,200,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.84% higher than the current median priced home. Local homes that are currently for sale include 4707 Crenshaw Blvd, 5161 W Jefferson Blvd and 5346 Smiley Dr. While the average home in Los Angeles, CA is selling in 94 days, 7133 Ramsgate Ave has a days on market of 21 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 7133 Ramsgate Ave Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7133 Ramsgate Ave

Public county record property details

Beds: 6
Baths: 4
Year built: 1950
Sq. Ft.: 3,291
Lot Size: 8,210
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 108,109
APN: 4103-021-006

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,649,999

Median List Price/Sq.Ft.

$874

Median Sold Price

$1,510,000

Median Sold Price/Sq.Ft.

$880

Total Inventory

Median Sale to List Price %

103.78%

Avg Days on Market

Loan Type

Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (7.14%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 7133 Ramsgate Ave

Nearby Homes for Sale

8313 Kittyhawk Ave, Los Angeles, CA 90045

Recently Sold Homes Near 7133 Ramsgate Ave

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$1,150,000 Last Sold Price

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7056 Ramsgate Ave
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$1,325,000 Last Sold Price

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7131 Kittyhawk Ave, Los Angeles, CA 90045

$1,300,000 Last Sold Price

17 Beds

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-- Sq.Ft.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.